HOdlcoin a fun CPU Cryptocoin with Interest

in #crypto7 years ago (edited)

hodlcoin.png

HOdl rhymes with Yodel so your know your pronunciation is correct. At the time of this writing HOdlcoin isn’t worth much in the marketplace. That IMHO isn’t a reason to not get involved with such a fun coin. I am not advocating buy a ton of HOdlcoin. I am advocating installing the wallet and trying some mining. It uses you CPU to mine. HOdl takes 1GB of ram to mine so don’t expect a lot of competition from expensive miners. There is no graphics card miner as well.

What I like about HOdlcoin. It has a solid wallet. Not to complicated and it works well. Sometimes simple is good. Because it’s CPU only at this time it will do OK mining on almost any computer. It may take some time to get a block on an older computer but it may find one at some point.

HOdlcoin also pays interest for stored coins taking them out of circulation for a set amount of time. The longer the time you set the better the interest rate. This isn’t Bitconnect and doesn’t pay amazing amounts of interest beyond reality. I was able to mine 100 Hodl and deposit them for 84 days. Once the time has elapsed I will get back 101.7 or an .184% interest rate. This makes Hodlcoin very interesting to me. This is the lowest interest rate possible.

There is a video about Hodl on the website but it’s dated. The interest rates are down to earth now. They were very high when the coin launched. My guess it was to gain quick adoption.

My take on Hodlcoin. It isn’t very often you can get in on the ground floor of a cryptocoin. Hodlcoin is one of these types of coins. You can start using it with no money out of pocket. When your friends ask about crypto you can point them to Hodl and not worry about massive losses if the market turns. I think of it as a no risk coin with a bright future if people start finding out about it.

You can get the wallet at http://hodlcoin.com/

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